What is HR Outsourcing?
HR Outsourcing (HRO) refers to the practice of businesses delegating some or all of their HR functions to external service providers. This allows companies to focus on core operations while benefiting from specialized HR expertise and cost efficiency.
Key HR Functions That Can Be Outsourced
Payroll Processing: Making sure salaries are paid accurately, taxes are deducted properly, and all labor laws are followed.
Recruitment & Talent Acquisition: Overseeing the sourcing, screening, and onboarding of candidates.
Employee Benefits Administration: Administering health insurance, retirement plans, and additional perks.
Training & Development: Coordinating training programs to enhance employee skills.
HR Compliance & Legal Support: Ensuring compliance with labor laws, workplace regulations, and company policies.
Performance Management: Carrying out employee evaluations, feedback sessions, and engagement surveys.